Nuveen Taxable Municipal Income Fund
NBB
69 hedge funds and large institutions have $121M invested in Nuveen Taxable Municipal Income Fund in 2022 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 24 increasing their positions, 22 reducing their positions, and 15 closing their positions.
9% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 22
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.19% less ownership
Funds ownership: 26.91% → 26.73% (-0.19%)
10% less capital invested
Capital invested by funds: $135M → $121M (-$13.9M)
13% less funds holding
Funds holding: 79 → 69 (-10)
60% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$2.12M |
| 2 |
Morgan Stanley
New York
|
+$1.66M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.52M |
| 4 |
BI
Bramshill Investments
Naples,
Florida
|
+$1.34M |
| 5 |
WS
Wedbush Securities
Los Angeles,
California
|
+$868K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
M&T Bank
Buffalo,
New York
|
-$1.28M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$1.18M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.17M |
| 4 |
HKAM
Horizon Kinetics Asset Management
New York
|
-$1.11M |
| 5 |
LPL Financial
San Diego,
California
|
-$523K |
NBB Hedge Fund Activity: Q3 2022 in Review
69 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in Nuveen Taxable Municipal Income Fund (NBB) for Q3 2022, worth a combined $121M — down 10% from $135M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of NBB and 6 opened new positions — a net loss of 9 holders — while 22 trimmed existing stakes and 24 added.
The largest buyer was Ameriprise, adding an estimated $2.12M. The largest seller was M&T Bank, exiting entirely with an estimated $1.28M sold.
- 69 institutional investors held Nuveen Taxable Municipal Income Fund (NBB) as of Q3 2022, down from 79 in Q2 2022.
- Funds reported $121M of Nuveen Taxable Municipal Income Fund stock for Q3 2022, down 10% quarter-over-quarter.
- 6 funds opened new Nuveen Taxable Municipal Income Fund positions in Q3 2022 and 15 closed out, a net change of -9 holders.
- The largest Nuveen Taxable Municipal Income Fund buyer in Q3 2022 was Ameriprise, an estimated $2.12M added.
- The largest Nuveen Taxable Municipal Income Fund seller in Q3 2022 was M&T Bank, an estimated $1.28M sold.
Based on aggregated 13F filings for Q3 2022.